Secom (OTCMKTS:SOMLY) Shares Gap Up – Time to Buy?

Secom Co. (OTCMKTS:SOMLY) shares gapped up prior to trading on Wednesday. The stock had previously closed at $10.22, but opened at $10.65. Secom shares last traded at $10.2748, with a volume of 765 shares traded.

Secom Price Performance

The firm has a 50 day moving average price of $10.10 and a 200 day moving average price of $9.94. The company has a quick ratio of 2.43, a current ratio of 2.60 and a debt-to-equity ratio of 0.03. The stock has a market cap of $16.99 billion, a P/E ratio of 22.73 and a beta of 0.25.

Secom (OTCMKTS:SOMLY) last posted its quarterly earnings data on Friday, August 14th. The company reported $0.09 earnings per share for the quarter. The firm had revenue of $1.87 billion for the quarter. Secom had a return on equity of 7.66% and a net margin of 8.81%.

Secom Company Profile

Secom Co, Ltd. is a Japanese security and safety services company that provides solutions for homes, businesses and public facilities. Its offerings include electronic security systems, monitoring services, access control, video surveillance, emergency response and security equipment, as well as facility and property management services.

Founded in 1962 as Nippon Keibi Hosho, Secom is recognized as one of Japan’s pioneering private security companies. Over time, it has expanded beyond traditional guarding and alarm services into fire protection, disaster prevention, medical and senior-care services, insurance, information and communication technology, and other safety-related businesses.

Secom serves customers throughout Japan and operates internationally through subsidiaries and affiliated companies in selected markets across Asia and other regions.